Eldorado Resorts, Inc. (ERI) financial statements (2020 and earlier)

Company profile

Business Address 100 WEST LIBERTY STREET, SUITE 1150
RENO, NV 89501
State of Incorp. NV
Fiscal Year End December 31
SIC 7011 - Hotels and Motels (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments241248152617888
Cash and cash equivalents206231135617888
Short-term investments351718   
Restricted cash and investments4253256
Receivables58764615107
Inventory, net of allowances, customer advances and progress billings18211711127
Inventory18211711127
Prepaid expense3148500 
Disposal group, including discontinued operation253156    
Other undisclosed current assets  2812119
Total current assets:605573251102116117
Noncurrent Assets
Operating lease, right-of-use asset188
Property, plant and equipment2,6152,8831,503612625456
Long-term investments and receivables136 21114
Long-term investments136 21114
Intangible assets, net (including goodwill), including:2,0212,3701,744554492492
Goodwill9101,008747676767
Intangible assets, net (excluding goodwill)1,1111,362997487492492
Other undisclosed intangible assets, net (including goodwill)    (67)(67)
Restricted cash and investments     3
Deferred costs     (3)
Other noncurrent assets76853110710
Other undisclosed noncurrent assets  17148386
Total noncurrent assets:5,0365,3383,2951,1921,2091,058
TOTAL ASSETS:5,6415,9113,5461,2941,3251,175
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities342339175788278
Accounts payable625935221712
Accrued liabilities15710361283227
Employee-related liabilities62875315189
Taxes payable24470  3
Interest and dividends payable364326151527
Debt20  590
Due to related parties   000
Disposal group, including discontinued operation3711    
Deferred tax liabilities    3
Other undisclosed current liabilities2895244191511
Total current liabilities:68840221910210692
Noncurrent Liabilities
Long-term debt and lease obligation2,5014,2212,190796862779
Long-term debt, excluding current maturities2,3253,2612,190796862779
Capital lease obligations960   0
Operating lease, liability177
Liabilities, other than long-term debt1662591939887153
Deferred tax liabilities, net2001649079144
Other liabilities1665929789
Other undisclosed noncurrent liabilities1,168     
Total noncurrent liabilities:3,8354,4802,382894949932
Total liabilities:4,5234,8822,6019961,0541,024
Stockholders' equity
Stockholders' equity attributable to parent, including:1,1171,029945298271152
Common stock00    
Treasury stock, value(9)(9)    
Additional paid in capital760748747174171166
Accumulated other comprehensive income000000
Retained earnings (accumulated deficit)366290199125100(14)
Other undisclosed stockholders' equity attributable to parent     0
Stockholders' equity attributable to noncontrolling interest     0
Other undisclosed stockholders' equity     (0)
Total stockholders' equity:1,1171,029945298271152
TOTAL LIABILITIES AND EQUITY:5,6415,9113,5461,2941,3251,175

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues2,5282,0561,474893720410
Revenue, net1,474893711362
Cost of revenue(46)(1,101)  (11)(224)
Cost of goods and services sold    (11)(214)
Other cost of operating revenue(46)(39)   (9)
Gross profit:2,4829551,474893708186
Operating expenses (628)(1,305)(795)(648)(115)
Other undisclosed operating income (loss) (17)(73)(9)12(53)
Operating income:2,48231095897318
Nonoperating expense(285)(174)(138)(51)(28)(30)
Other nonoperating expense(285)(174)(138)(51)(28)(30)
Interest and debt expense(8)(0)(38)(0)(62)(31)
Income (loss) from continuing operations before equity method investments, income taxes:2,190135(82)38(17)(43)
Income from equity method investments     3
Other undisclosed income (loss) from continuing operations before income taxes(2,065)03806228
Income (loss) from continuing operations before income taxes:125136(43)3845(13)
Income tax expense (benefit)(44)(40)117(13)70(2)
Net income (loss):81957425114(14)
Net loss attributable to noncontrolling interest     (0)
Net income (loss) available to common stockholders, diluted:81957425114(14)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):81957425114(14)
Other comprehensive income (loss)(0)00  (0)
Other undisclosed comprehensive loss    (0) 
Comprehensive income (loss):81957425114(14)
Comprehensive loss, net of tax, attributable to noncontrolling interest     (0)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent0(0)   (2)
Comprehensive income (loss), net of tax, attributable to parent:81957425114(16)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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